Common use of Leases in Force Clause in Contracts

Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.

Appears in 26 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A)

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Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) — 1:

Appears in 13 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2019-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2019-B), Asset Representations Review Agreement (CAB West LLC)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) – 1:

Appears in 10 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-A)

Leases in Force. As of the Cutoff Date, neither the Sponsor’s 's receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.. Test 3.3(q) – 1:

Appears in 9 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2023-B)

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Leases in Force. As of the Cutoff Date, neither the Sponsor’s 's receivables systems nor the Lease File indicate that the Lease (i) was a Terminating Lease or a Closed Lease or (ii) was satisfied, subordinated, rescinded, cancelled or terminated.

Appears in 9 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2023-B)

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